Marilyn Messenger's Market Report

Wayland, MA 01778

Single-Family Homes

www.MarilynMessenger.com | marilynmessenger@realtor.com | 1-508-596-3501



Wayland, MA 01778

Tue Feb 19 2019
This week the median list price for Wayland, MA 01778 is $1,122,000 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has held steady at or around 22. Click here to stay informed with the Wayland market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Wayland, MA 01778

Tue Feb 19 2019
This week the median list price for Wayland, MA 01778 is $1,122,000 with the market action index hovering around 37. This is an increase over last month's market action index of 33. Inventory has held steady at or around 22. Click here to stay informed with the Wayland market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Wayland market.
Median List Price $1,122,000
Per Square Foot $304
Days on Market 68
Price Decreased 23%
Price Increased 0%
Relisted 9%
Inventory 22
Median House Rent $17,000
Most Expensive $2,750,000
Least Expensive $550,000
Market Action Index
Slight Seller's Advantage
37

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,295,000 6,297 1 - 2.5 acres 5 5 18 0 0 93
$1,379,000 4,950 1 - 2.5 acres 4 4 38 1 0 140
$794,000 2,510 1 - 2.5 acres 4 2 57 0 2 17
$586,950 2,340 0.5 - 1 acre 3 2 60 1 1 39